DASH coin is a digital currency that can be operated online. It is a virtual token with the characteristics of instant payment, anonymity, security, low handling fee and high efficiency.
Currently, DASH coin will usher in its first production cut this year on June 23, 2023. Is this a great opportunity for layout?
The following purchases are currently known:
1. DASH official Twitter has high daily activity
2. DASH coin has become increasingly popular recently
3. The number of addresses holding coins by large holders increases
4. The current total number of DASH transactions has reached 48 million, and the number of coin holding addresses has reached 1.68 million.
5. Production cuts on June 23
Whether a currency is worth investing in requires several basic factors, an active official, maintaining the operation of the community, high activity can bring favorable sentiment to the market, help the market rise, and large investors increase their holdings to increase liquidity. The above points show that DASH currency is worth investing in
#DASH Market Analysis
From the weekly chart, we can see that a double bottom has formed, and at the same time, the volume has fallen, indicating that the market has stopped falling. Now, the chips in hand are unwilling to sell again. The pressure level is 38 56, the two large-level suppression levels.
From the daily line, it fell below the previous low and then rebounded to break through, forming a sign of a second retracement confirmation. At the same time, the probability of MACD closing in a golden cross increased, and the T9 signal also appeared. There are two options for current price layout, the other is to retrace without breaking or to confirm the double bottom for the second time.
Judging from the 4-hour trend, it is moving within a range. If it breaks through 32, it will most likely rise and then pull back!
The patience required in different cycles is different. The above is personal analysis and opinion, for reference only and does not constitute investment advice!
————Go with the flow, everything will turn around when it reaches its extreme, I will be the ever-victorious emperor!